Angela Moss and Autumn Barber organize a partnership on January $1.$ Moss's initial net investment is $$85,000,$ consisting of cash $($$$23,000),$ equipment $($$$75,000),$ and a note payable reflecting a bank loan for the new business $($$$13,000).$ Barber's initial investment is cash of $$27,000.$ These amounts are the values agreed on by both partners.

Prepare journal entries to record $(1)$ Moss$$s investment and $(2)$ Barber$$s investment.